Call reports 2016
GRAND BANK — 2016
What GRAND BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 275,170,000 | 280,784,000 | 275,767,000 | 279,156,000 |
| Total loans | 220,290,000 | 231,736,000 | 223,719,000 | 233,921,000 |
| Allowance for loan losses | 4,306,000 | 4,305,000 | 4,361,000 | 4,421,000 |
| Securities available for sale | 30,059,000 | 29,595,000 | 28,480,000 | 28,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,928,000 | 228,686,000 | 237,111,000 | 230,667,000 |
| Interest-bearing deposits | 175,030,000 | 177,667,000 | 186,604,000 | 183,654,000 |
| Noninterest-bearing deposits | 52,898,000 | 51,019,000 | 50,507,000 | 47,013,000 |
| Equity capital | 31,048,000 | 31,640,000 | 32,300,000 | 31,986,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,034,000 | 6,274,000 | 9,526,000 | 12,697,000 |
| Interest expense | 193,000 | 419,000 | 668,000 | 910,000 |
| Net interest income | 2,841,000 | 5,855,000 | 8,858,000 | 11,787,000 |
| Noninterest income | 223,000 | 464,000 | 679,000 | 901,000 |
| Noninterest expense | 1,938,000 | 3,929,000 | 5,901,000 | 8,046,000 |
| Provision for loan losses | 57,000 | 95,000 | 152,000 | 209,000 |
| Pretax income | 1,069,000 | 2,295,000 | 3,484,000 | 4,433,000 |
| Income tax | 299,000 | 656,000 | 998,000 | 1,239,000 |
| Net income | 770,000 | 1,639,000 | 2,486,000 | 3,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,618,000 | 28,987,000 | 29,834,000 | 30,042,000 |
| Total capital | 31,499,000 | 32,062,000 | 32,820,000 | 33,140,000 |
| Risk-weighted assets | 229,071,000 | 244,793,000 | 237,549,000 | 246,505,000 |